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RE:What is Rupee rise?
by Sameer Bhagwat on Jul 25, 2007 08:33 PM

Bapu,

When you can buy more dollars with less Rupees it means Rupee is rising . for eg today you can buy one dollar for 40Rs so Rupee is rising.. get it?


Importers benefit because if you are importing a car from US which costs lets say $1 then now you are paying only Rs 40 for the car earlier you were paying Rs 45 . I hope this is simple enough


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Rupee rise: How you are affected